TechInPacific – The startup incubator Seedstars World Competition is now open for application across PNG until October 1st while globally re-maneuvering its events to the online route following the success of its Online Seedstars Summit on April 3rd.
This marks the Swiss-based private company’s second venture to facilitated the startups in the country on developing technology and entrepreneurship ideas that address the emerging markets.
Any interested technology startups, tech-enabled ventures, and early-stage companies eligible for these requirements can apply:
- On-going operations based in the country/city of application
- Owning a Minimum Viable Product (MVP)
- Previous investments of USD 1 million and less until time of application,
- And initial traction with users
Accepted startups will receive online training, access to Mentor Network, and local networking as well as visibility according to the official website.
The ten chosen startups will be participating in a USD 50K growth program investment and competing in the Global Winner investment prize worth USD 500k. With the event taking place online, the live pitching sessions of the finalists and the Global Winner will be available to watch on the Seedstarslife platform.
Seedstars is on the lookout for startups in emerging markets to get involved on a global scale while accelerating their programs and investments. More than 1,8000 startups worldwide will be trained through the Online Seedstars Academy and one local startup winner per city will take part in the regional stage competition. The Grand Finale, which is to be held in 2021, will have the selected startups from each region competing.
“As the open-call for the Seedstars World Competition has now launched, we could not be prouder to support a community that is eager and capable of taking concrete and constructive steps,” says Pierre-Alain Masson, Co-Founder of Seedstars.
“By remaining independent while always standing in solidarity, we aim to go beyond physical interactions in order to create impact on broader society.”